Grab a Fee Discount from Binance for Pizza Day

Until the end of Sunday, May 28.05.2023, XNUMX, you can get a discount on fiat currency transactions on Binance cryptocurrency market. This is a promotion for this week's holiday Pizza Day, which is the anniversary of the first purchase of pizza for Bitcoins. Exactly two pizzas for 10. BTC, which today is worth about PLN 1,1 billion. Back then it was around $40.

How to participate in the Binance promotion?

Just go to the promotion page on the world's largest cryptocurrency exchange and click the button [Join now]. Then you have to make one of three possible transactions using fiat, i.e. traditional currencies:

1. transfer money to your account and buy cryptocurrencies,
2. buy cryptocurrencies using a credit or debit card or the Apple Pay or Google Pay app,
3. sell cryptocurrencies for fiat currencies.

The discount will be applied immediately on the first transaction.

NOTE: The value of the rebate will be equal to the transaction fees incurred on the first fiat transaction, capped at USDT 10 per qualifying fiat transaction for new fiat users and USDT 8 per qualifying fiat transaction for existing fiat users.

Pizza Day promotion

The discount granted by the Binance exchange is granted on the occasion of the next anniversary of Pizza Day, an event commemorating the first transaction in the real world, made with BTC.

How did it come about?

On May 18.05.2010, 10, a resident of Jacksonville, Florida, Laszlo Hanyecz, wrote on the Bitcointalk.org forum that he would exchange 10. BTC for two pizzas with home delivery. Only after four days the transaction was consummated. Then 40 USD was worth about USD XNUMX, so Laszlo certainly did not overpay for two Hawaiian sandwiches on thick dough. And enjoyed the "free" lunch because digging bitcoin it was much easier and faster then than it is now. The only thing he sacrificed was to run the program on the computer, and he admitted that he played games and watched movies on it at the same time, so he would have incurred a small cost of electricity anyway.

He did so more than once. After the first successful order, he got lunches home apparently 10 more times. However, more and more people were interested. It got to the point where he was getting so many delivery offers that he had no chance to eat it all, so he finally issued a statement:

- Well, I didn't expect it to be so popular so soon, but I can't afford to keep doing it because I can't generate thousands of coins a day. Thank you to everyone who bought me a pizza, but I'm holding the action for now – he wrote less than 3 months after the first purchase. To this day, it is not known how much BTC has been mined since then.

In 2019, another purchase of pizza for BTC

After 9 years from the memorable event, Laszlo Henyecz once again bought two pizzas for Bitcoins. And this time it was a market price transaction, but in a different style and for a different purpose. He did it as part of a project promoting the Lightning Network, which accelerated cryptocurrency transactions and significantly reduced their costs. He paid his friend in London 0.00649 BTC and the transaction fee was $0,06.

– This transaction shows how the Lightning Network can operate in everyday transactions. It didn't have to be my friend. A local pizzeria itself could accept Bitcoin directly through its Lightning Network node. The point is that with the Lightning Network we can get Bitcoin security and instant transactions. You don't have to wait for confirmation on the blockchain – said Laszlo Hanyecz.

Today, such transactions are commonplace. More and more companies, also in Poland, accept payments in cryptocurrencies. There are also payment cards that can be used to pay in shops and restaurants.

But did Laszlo spend all his coins on pizza and Chinese food and have nothing left? Experts have no illusions that this was not the case. Especially since he never answered the question of how many Bitcoins were left in his account. However, if it was "only" a few thousand, then he does not have to worry about what tomorrow will bring.